The demand for organic food products has expanded rapidly in the past decade on a global basis, stimulated by consumer perceptions that organic products are safer, cleaner and more ethical than conventional products. The demand for organic products was estimated to grow at a rate of 15-20 per...

Hendy and Kerr (2005b) find that an emissions charge on agricultural methane and nitrous oxide of $25 per tonne of carbon dioxide (CO2) equivalent would be likely to reduce New Zealand‘s net land-use related emissions for commitment period one in the order of 3%, with full accounting. The...

As part of international climate change policy, voluntary opt-in programs to reduce emissions in unregulated sectors or countries have spurred considerable discussion. Since any regulator will make errors in predicting baselines, adverse selection will reduce efficiency since participants will...

This paper describes preliminary work on establishing a pilot project for carbon sequestration. The project is intended to simulate the structure of the Permanent Forest Sinks Initiative, a program that may extend to the national level under the supervision of the Ministry of Agriculture and...

Emissions trading and nutrient trading interact in critical ways. The agricultural sector is a major emitter of both nutrients and greenhouse gases in New Zealand. Thus the simultaneous implementation of such systems will have a large impact on the farmers in affected catchments. Many of the...

A crucial factor in the success of any water quality trading market is its ability to cost-effectively reallocate nutrient allowances from initial holders to those users who find them most valuable; the market's trading efficiency. We explore causes of and solutions to trading inefficiency by...

A crucial factor in the success of any water quality trading market is its ability to cost-effectivelyreallocate nutrient allowances from initial holders to those users who find them most valuable;the market's trading efficiency. We explore causes of and solutions to trading inefficiency...